Cyprus Business News

Silver prices leapt to a five-month high on Monday and small silver miners listed in Australia surged after social media calls to buy the metal and emulate the frenzy that ...

Irish freight volumes to and from European Union ports doubled in January, the government said on Monday, as many traders shunned the once-speedier route to the continent through Britain due ...

AstraZeneca will deliver nine million more doses of its COVID-19 vaccine to the European Union in the first quarter of this year, making a total of 40 million for the period, ...

Dubai’s house prices are expected to fall at a slower pace this year and next than previously thought as hopes for a successful vaccine rollout and an economic recovery ...

By Manos Panayiotou, advisor in Wealth & Investment Services at Hellenic Bank Every day people struggle to balance logic and sentiment. Every individual needs to find the perfect compromise to ...

The U.S. Securities and Exchange Commission waded into the battle between small investors and Wall Street hedge funds on Friday, warning brokerages and social-media traders it was on alert ...

President Recep Tayyip Erdogan has committed the Turkish government to economic reform, but his alliance with the right-wing nationalist MHP party — which is closely allied with the Turkish Mafia — appears ...

French Finance Minister Bruno Le Maire and his new US counterpart Janet Yellen agreed to seek an international agreement on new rules for taxing multinational businesses, the US Treasury and ...

The British pound retreated on Thursday from the multi-month highs it hit in the previous session, as investors tempered some of their optimism about COVID-19 vaccinations in the UK. Sterling ...

Members of a discussion group on the social news and chat site Reddit (page ‘R/WallStreetBets’) have been able to drive up the stock price of Gamestop by 1,700 per cent. ...

Wizz Air on Thursday announced the addition of three new destinations from/to Larnaca. There will be new routes to Oslo, Tel Aviv and Kharkov along with the allocation of ...

Cyprus Finance Minister Constantinos Petrides said on Thursday that the island’s economy should rebound with 4.5 per cent growth, while unemployment should decline. Speaking at InvestCyprus’s 5th Cyprus International ...

Early signs of disruption caused by Britain’s shift to its new, less open trading relationship with the European Union are emerging in economic data. A Confederation of British Industry ...

Pimco, or the Pacific Investment Management Company, is an American investment management firm founded in 1971 in California. The firm focuses on bonds and today manages more than $1.92 trillion in assets. ...

“Cyprus is changing, and we are moving in the right direction, with increasing recognition of the role of technology in our economy. But there is still not sufficient support for ...

Russian Federation President Vladimir Putin told the international leadership at Davos that “Russia, Turkey and Iran have done a lot to stabilize the situation in Syria. And we’ve been ...

Teenage activist Greta Thunberg told the Davos Agenda forum on Friday that “current targets for climate change equal surrender.” Her message was: “My name is Greta Thunberg and I’m ...

Microsoft Corp on Tuesday reported its Azure cloud computing services grew 50 per cent, the second quarter of acceleration in a business that had begun to slow as the global pandemic ...

The inauguration yesterday of Joe Biden as 46th US president is, overall, good news for European investors. The most basic element of progress is unquestionably that the turmoil of the ...

Plans to upgrade houses, making them more energy efficient, were presented today by Natasa Pilides, the Minister of Energy, Trade and Industry. At the same time, a scheme to make ...

Cyprus is evolving, attracting new investment with business-friendly initiatives that have substantially increased the island’s appeal in today’s hi-tech world, and part of that is an ever-growing database ...

Chinese President Xi Jinping warned that a “new cold war” could turn hot, and must be avoided, in a speech on Monday at World Economic Forum’s virtual “Davos Agenda” ...

The pandemic and lockdown has businesses all over Cyprus finding ways to work via online communications. Never has the need for a secure and efficient computer network been greater. But, ...

By Christos Karaolis, president of the National Federation of Cypriots in the UK The Covid-19 pandemic has shaken the global economic system and forced a radical re-think of the strategies ...